Legislation Threatens Foreign Wheat Markets, Kansan Experts Say
Kansas State economist Leonard Schruben warns that a proposed amendment to the farm bill could ban color analysis on hard winter wheat, excluding U S exports from buyers in Brazil Colombia and Chile. He notes price declines in Kansas City versus Minneapolis and says the move hurts growers, as buyers value color in marketing.
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Future credit crunch reshapes US farming by 2000
Federal Reserve official Ed Harshbarger told Kansas State University bankers that by 2000 about 1 million farmers could carry debts near 750000 each with some over 1 million. He warned banks must adapt as family farms move to partnerships or corporations and outside management becomes common.
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